Fiat will become Purely Electric in Europe by 2027

February 28, 2022

In Stellantis’ newly released 2021 financial report, the massive automaker says that its Fiat brand will become fully electric in Europe in 2027. As part of that strategy, the document says that the marque’s lineup gains another, currently unidentified EV in 2022 or 2023.
The financial report offers no other details about Stellantis’ future plans for the Fiat brand. In 2021, the company claims the 500e to be the best-selling EV in the A-segment, which are generally small city cars, in 12 countries around the world. The global volume for the tiny EV was around 44,000 units.

In 2021, Fiat boss Olivier François talked a little bit about his plans for the brand’s future. “We are exploring the territory of sustainable mobility for all: this is our greatest project. Between 2025 and 2030, our product line-up will gradually become electric-only. This will be a radical change for Fiat,” he said.
To make the increased electrification happen, Stellantis is investing over $35 billion through 2025 into electrification. Some of the money is going to transform the Mirafiori factory in Turin, Italy, into an EV production hub. The automaker is also putting cash into the site in Termoli to produce lithium-ion batteries there.

 

 

by Anil George
Avid follower of all things tech. In between his quest for the ultimate gizmo, Anil fiddles with light meters, collects rare books and feeds his fetish for Jap horror movies. As Managing Editor of T3 Middle East for the GCC, Anil oversees content direction across print and digital. He was a CES 2020 Innovation Awards Judge, reprising his role as an Innovation Awards Judge at CES 2018, CES 2017, 2016 and 2015. Anil is also the Middle East's first Brand Ambassador for Ashdown Engineering. Reach him at: editor@t3me.com.